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California Revenue and Taxation Code

§ 187

RTC § 187 Effective Mar 11, 1986Div. 1 · Part 1 · Ch. 4

Statute text

View on leginfo.ca.gov
On or before December 31, 1986, each eligible county shall compute and remit to the Controller for deposit in the General Fund an amount equal to the amount allocated to it by the Controller pursuant to Section 183, less the amount of its property tax revenue lost in the 1985–86 fiscal year as a result of the reassessment pursuant to Section 170 of that property which was damaged or destroyed by the storms and floods of February 1986. If the amount computed pursuant to this section for an eligible county is less than zero, the Controller shall allocate that amount to the county.

Legislative history

Added by Stats. 1986, Ch. 16, Sec. 3. Effective March 11, 1986.

Source: California Revenue and Taxation Code § 187 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.